According to the public record, Flat 1, 20, Spencer Road, South Croydon is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 20, Spencer Road, South Croydon, CR2.
Spencer Road, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
Flat 1, 20, Spencer Road, South Croydon has 21 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 20 Spencer Road South Croydon as £265,575 and the rental value as £1,409 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 1 20 Spencer Road South Croydon has increased by £1,734 (0.7%) and its rental value has increased by £40 per month (2.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, 20, Spencer Road, South Croydon is in very good condition we estimate a sale value of £278,854 and rental value of £1,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,985 and a rental value of £1,311 per month.
If you were able to purchase this property for the estimated value of £265,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 1, 20, Spencer Road, South Croydon was last sold on 05 May 2023 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 20, Spencer Road, South Croydon within a radius of 490 metres over the last 2 years.
The most recent example is 56, Campden Road, South Croydon, CR2 7EP, a Leasehold flat which sold for £355,000 in Dec 2022.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Road, South Croydon, CR2 has a total of 85 addresses. According to our analysis of all the public data, Flat 1, 20, Spencer Road, South Croydon is the 42nd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in CR2.
Flat 1, 20, Spencer Road, South Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 20, Spencer Road, South Croydon is South Croydon station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 20, Spencer Road, South Croydon, 45.8% of property is privately rented and 25.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 20, Spencer Road, South Croydon, 17.2% of residents are recorded as possessing school level qualifications and 52.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 20, Spencer Road, South Croydon, the average age was 37.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 20, Spencer Road, South Croydon, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 20, Spencer Road, South Croydon, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.